Dow slumps 650 points, U.S. stocks sharply lower after Credit Suisse woes reignite bank-sector angst

U.S. stocks tumbled on Wednesday as concerns over the health of Credit Suisse sparked renewed banking-sector anxiety, while both U.S. wholesale prices and retails sales declined in February, hinting at easing U.S. inflation.

How stock indexes are trading

On Tuesday, the Dow Jones Industrial Average rose 336 points, or 1.06%, to 32,155, the S&P 500 increased 64 points, or 1.65%, to 3,919, and the Nasdaq Composite gained 239 points, or 2.14%, to 11,428.

What’s driving markets

Major…